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Search Results 0 to 28 of about 29 (some duplicates have been removed)
booth, came out in support of a carbon tax. [applause] grover norquist chemo for about 16 hours. -- came out for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. when you look at local government in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a
. and grover norquist, is he backing down from his no-tax pledge? is he hedging? find out, ten o'clock this morning. go to our facebook page, tell us what you think about the deal that we've got, you're happy with it. if you are, we want to know why. we'll read some of your comments on the air. tell us why we want that in there. the markets, they've got their answer on the fiscal cliff, a deal has been done, the result is yes, it is a rally. we're going to see a big gain for the dow. it's going to be big. the opening bell for this brand new year is next. night ♪ >> surely you recognize that music, don't you? that's played on the bah zuki? why are we playing that? because america looks a whole lot like greece in morning. why? we've got a fiscal cliff deal. all it does is raise taxes. it doesn't cut spending, it doesn't do anything about the debt that we and europe and greece are facing. nothing at all. america's fundamental spending and massive debt has gone completely unaddressed. not there. that's why we're playing greek music as we start out this trading session this wednesd
america. >> the tax man cometh. the tax man is here, grover norquist, president of americans for tax reform, joining us now. thank you very much. happy new year. >> happy new year. >> why were you in favor of this? it's the first tax increase republicans have voted for in 20 years. >> no republican voted for a tax increase. what happened is obama had the demaclese over the american people, unless the house senate and president voted on something. >> the bush tax cuts had set to expire. >> they were set to expire two years ago and obama extended them for two years without change for everybody, for himself and everyone else. then he said he was worried about the economy and he didn't want to kill jobs. now that his job was safely protected, he's less understood what happened to the economy, the tax increases that he insisted on, all the republicans in the house and the senate who voted more than once to extend the bush tax cuts for everybody permanently, so the republicans are quite clear. they want the tax cuts extended for everyone. the president insisted on taking them away from som
norquist, republican lobbiest grover norquist even said the senate deal was an okay deal. he would vote for it if he were a senator, he said because republicans should still be part of it because -- this is a spin on his part because 84% of the bush tax cuts were still in place. and yet those tea party house reasoning wouldn't go along with grover norquist. we catholics say there is a problem when you are holier than the pope. well, that's the case with these house republicans. i don't know. congress is so broken i don't know how we can fix it other than in 2014 target every one of these tea party republicans with a even a responsible republican and throw out this congress. their goal is to destroy this country. arthur delaney will join us when we come back. >> announcer: this is the "bill press show." ♪ every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things
gave a talk at grover norquist's wednesday meeting -- >> oh, that must have been interesting. >> one of the -- this was at the -- i gave two. there was first a meeting with him and some of the republican leaders which was open, and then there was one which was closed and i can't talk about that one but i'm sure it was at the first one. that one -- [laughter] -- one of them said, that's income redistribution. well, yeah, it is. the people who do a good job will get some of the money from somebody else. and -- but that's what if we don't do something like that. that's -- you see, we would reach -- if we did that, we would reach tipping points where alternatives would be cheaper than -- say, coal, and then you would quickly phase out the fossil fuel. so you then leave it in the ground and that's what we have to do. >> british columbia is doing something like this so that maybe there's some different details, but british columbia replaced one kind of tax, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax. now, you think that's not high enough, but it didn't -- f
class. i think it is quite telling that earlier this evening, last evening, grover norquist said he is for this bill, but our former secretary of labor bob reich is opposed. so maybe now, maybe now i guess we are all believers in trickledown economics. not i. i guess we redefine the middle class as those making $400,000 a year when, in fact, that represents the top 1% of income earners in america, not the middle class. so i guess that we now accept as normal practice in reaching bipartisan deals that the most vulnerable in our country like those who are out of work and who depend on unemployment benefits can be held hostage as a bargaining chip for more tax breaks for the richest among us. now, i'm not saying that everything in this deal is bad. there are some good parts of this, but i repeat i am concerned about this constant drift bit by bit, deal by deal toward more deficits, less job creation, more unfairness, less economic justice, a society where the gap grows wider between the few who have much and the many who have too little. so, mr. president, for these reasons, i must in
as small as possible the rich are as old as governments possible. the main spokesperson is this man, grover norquist. the americans for tax reform. he was almost regenerating all signs from republicans, signatures -- from republicans. this became 2011, when it came to we had the demanded that it reduce the deficit. because of the debt ceiling without a deal, the u.s. would lose its ability to borrow money. democrats, republicans, wanted a stricter tactics that shut down the government and ultimately cost the american it is trouble a credit rating in the first time in history. at the last moment, they both agreed to a trillion dollars in spending cuts and 1.2 trillion to be decided by a special congressional super committee. but a poison pill was attached. if this cannot be reached, this automatic across-the-board cuts as the sequester would go into effect starting january, 2013. at the exact moment when the abortion-era tax cuts required-bush-era tax cuts could have been expired like they did two years ago but once we often got drowned out by seemingly endless and continuous elections in am
of all the games going on and there are you, grover norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two years or something. >> whoa, hang on, hang on. that was a bit below the belt, grover. >> hey, if you think a commitment is not for as long as you make it for, the commitment for the pledge as peter king well knows when he signed it is as long as you're in congress you will rein in spending and reform government, not raise taxes. it's not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, oh, the mortgage, wasn't that long time ago? if you make a commitme
norquist had said never cut any spending? i'm going to sign a bill that says never cut and spending. grover norquist, here's a great example, he does not even believe in economic case multipliers. host: gary says -- guest: what's interesting about the last election cycles is we had under president bush and the end, democrats seized control of congress in big numbers. and we had the big democratic sweep with the white house in 2008. 2010, republicans came sweeping back. we've had a pendulum swing, very contractive time period. that's one of the factors. we have seen both sides really dug in because they don't know where the pendulum will swing in the next direction. host: from one of our viewers -- on facebook -- guest: that's right. one of the points she raises is it's easy to look and collectors and say we will just drop 10% of this program and 20% off that program. but when you get down to the individual programs, we're talking state and local police departments, fire departments, teachers' pay, all sorts of programs that have different constituencies that you would feel the impact of som
accomplished. we have grover norquist who said republicans did not violate his pledge and he stood up for those who voted again. let's take a listen. >> it's 157 voted against the deal. were they against cutting taxes for almost everybody? no. they wanted to cut taxes for everybody. they are mad there was no spending restraint and taxes went up. >> while vote are for the measure, they voted against the anti-tax orthodox for the first time in decades. did this deepen the party's ideological divide? >> there is clearly a civil war going on in the republican party in terms of personalities and you saw between boehner and kantor and others. in terms of the policies. they have not come to terms with the fact that you are talking about solving the big problems and the debt and the deficits and you have to have revenue on the table. this is the dilemma they face. until they get that under control, you are continuing to see this divide to define who they are. >> i mentioned that we saw this flit and speaker boehner who voted in favor of the bill. it was brave for the speaker to vote on the bill? in the
's the day after the cliff deal because it came at 11:59 last night. >> sure did. >> grover norquist had this tweet where he essentially said the bush tax cuts lapsed at midnight, every r voting for the senate bill is cutting taxes and keeping his/her pledge. democrats were vehemently against all these tax cuts because they raise the deficit. these will raise the deficit by about $4 trillion. are you worried last night the deal added too much to the deficit? how come democrats have basically embraced these bush tax cuts from about a decade ago? >> let's look at what the reason was the democrats opposed those 2001 and 2003 tax cuts. it's because they weren't paid for. they blew a massive hole in the deficit, along with the two wars that weren't paid for and the medicare part d drug plan, which was a good thing but was not paid for. we need to go back to pay as you go rules. the republicans when they came in and took the majority back got rid of that requirement. we're for responsible tax cuts that help the middle class. we're not for and neither were the american people as they said in th
booth, came out in support of a carbon tax. [applause] grover norquist chemo for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. when you look at local government in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a western-style exist th
, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. >>> but in a last minnesota minute compromise, both sides agree to $1 trillion in spending cuts up front, and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect, starting january 2013. at the exact moment when those bush tax cuts extended for two years, if you remember, would expire. so the point is, we could have all
you just voiced that makes -- lends credence to the fact that this is a tax increase to some. grover norquist gave his blessing to the deal and justified it by saying republicans didn't technically raise taxes since the bush tax cuts expired on january 1st. he was on with our andrea mitchell today. look at what he had to say. >> no republican voted for tax increase. what happened was obama had the dam cleez over the people with the tax increase over the next decade that would happen automatically. the republicans are quite clear. they want the tax cuts extended for everyone. the president insisted on taking them away from some people. that'll hurt the economy. he got his tax increase, but he can't claim republican fingerprints on his tax increase. >> well, wait a second. i mean, we're not living in the alice in wonderland world here. there is a tax increase for wealthier americans. it's literally a tax increase. >> well, first of all -- >> rates are up. >> what happened yesterday was all the tax rates went up and then the republicans and congress together took them down for some peop
don't have to worry about their pledge to grover norquist or americans for tax reform, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while, i'd say in the modern era. >> one of the odd things on the first day is elect a speaker. the majority party puts up -- this time it would be john boehner. the minority puts up their chosen leader, this time nancy pelosi. it's usually pro forma, but this time it has a real weight to it, because one of the reasons we're in this situation right now is because we're waiting for john boehner to be reelected to speaker of the house before they make a move, because only if 16 or 17 republicans don't vote for the guy, he could lose. they just want to wait. >> th
this and then the promised spending cuts, you know what they're all going hear in their head. grover norquist telling them they never come. they're the unicorn that doesn't exist. >> a lot of republicans at this point will say, you know what? after all of this they may not be saying publicly now, but they'll say let's just take the sequester and at least we'll be cutting some spending and we'll be cutting the actual spending and take that sequester. >> last word. >> i don't disagree with you and jimmy on this point. this is not a deficit reduction deal that will stabilize the debt to gdp ratio and that has to be -- that has to be one of the goals of a broader deal that now we're probably going to be looking for on the other side of the cliff. >> yeah. i don't know. it doesn't seem to be any part of the president's goal. jared, good to see you always. jimmy, you, too. we'll get you guys back in just a few minutes. we'll get you to the roundtable if you haven't had enough yet. what will it mean for banks? new analysis shows that the expiration ever tax cuts will improve bank savings in 2013, by, listen to t
broken the iron grip of grover norquist on the republican party, at least in the senate, and taxes have gone up on the top 2% and that will help us if going forward. and then secondly, we have a compromise. and that is really vital to this country, to see that congress can have debates in division and can make decisions. and there is no harm that is being done by this bill to the american economy and the american middle class. there is some positive things here, despite the fact that both sides are going to have a lot to criticize, and the thing that is alarming to everybody is that two months from now, we're going to be back at it again with the debt ceiling, with the -- with the budget expiring, and that is going to be another fight all over again. >> you know, congressman, you say that there will be no harm to the american middle class. but the republicans would argue that by not putting in any spending cuts, that in fact you are harming the middle class, because it is just incurring more and more and more debt. the house minority leader nancy police plo pelosi said up or down vote.
one person's opinion carries disproportionate weight and that person is grover norquist. he's the head of americans for tax reform. they have got the pledge that mostly republican members of congress signed to say they won't increase taxes. now, understand this. the top marginal tax rate going from 35% to 39.6% is not a tax increase. it is a return to tax rates that would have taken place after the temporary bush tax cuts expired and got extended. so the way i see it, that cuts with designed to be temporary, but clearly norquist disagrees with me. >> let's say we let the bush tax cuts expire at the end of the year and then congress moved to increase tax rates. would that count? would that violate your pledge? >> that would clearly be -- look, you can't go to the american people and say we raised taxes $500 billion and then we cut it $400 billion, please only look at the cut, not the overall rate. if you raise taxes $100 billion on the american people, they're going to notice it. it doesn't pass the laugh test. >> now, people say he's just one guy. grover likes to say the pledge isn't t
in washington, d.c. we'll speak with grover norquist about the likelily hood of a deal in washington. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance.
're in favor of raising taxes, you signed grover norquist's pledge to not raise taxes. you're now rebuking. 450 for joint filers being the cuttoff. which classification of earnings you ultimately will see their taxes increase? >> well, lori, it is very difficult to understand where we go from here because i haven't seen the agreement and, when i look at what ply colleagues really objected to and what was referred to as plan. about, it is difficult to understand why this plan is anything other than a worse plan. there aren't any real spending cuts as i see. so i'm going to have to difficult time with it myself but i will wait to make a final decision until i see it. lori: i'm sure. phil swaying he will about, to you now. let's talk about the issue of spending cuts. you raise a wonderful point. there are expenditures exempt from budget cuts. entitlements. interest payments on the national debt. that said we need bigger entitlement reform. this is a big pick you are issue here, any cuts they're negotiating to avoid the cliff they're not meaningful. are you at all optimistic we can get to a discuss
the president and boehner, both times boehner could not deliver because they refused because of grover norquist to allow any taxes for revenues whatsoever. we had meetings with the vice president biden and cantor. he walked out of it. he's the majority leader in the house. we had this supercommittee and they were doing good things. good things. dealing with entitlements and revenues and a week before they were to report, by virtue of a statute, i get a letter signed by virtually every republican, too bad about the supercommittee. we're not going to do anything with revenues. >> okay. i think that's a good place to end this. what you're hearing is the history of what has happened to bring us to this point. i want to bring in our congressional correspondent dana bash. dana, i was just sitting here imagining someone turning on their tv thinking, what a these people talking about? and i think i would sort of boil it down to this. when they are talking on the floor, that's never a good sign. they should be talking in a back room. they have gotten nowhere. we are where we are and nobody has agreed on
, listen to anti-tax activist, grover norquist. >> so we're not raising taxes, we're actually cutting taxes. >> you're saying because the bush tax cuts have expired yesterday? >> yes. >> and what about the democrats? vice president joe biden is very much back in the conversation for 2016, after a shout-out from the president. >> i want to thank all of the leaders of the house and senate. in particular, i want to thank the work that was done by my extraordinary vice president, joe biden. >> reporter: but there's one problem, the fiscal mess that is so big, even deficit hawk, alan simpson, did the gangnam style to call attention to it, hasn't gone anywhere. >> let me just say that if this is a problem that we haven't dealt with before the next presidential election, 2016, nobody should want or have that job, because the country will be in such bad shape. >> so the fiscal cliff was just a preview of coming attractions. votes on the debt ceiling and those spending cuts in the fiscal cliff are just around the corner. and they could, potentially, make or break some of the political careers of som
. if grover norquist was here, he would say the greatest thing we're able to promise people is no further tax rises. it was the major mistake that bush sr. made when he said read my lips, no new taxes and then broke that pledge. what will you then say at the next election when this issue comes up? >> again, i think i held taxes down to 99% of the people. if it went over the cliff, we would have had to deal with it and then had a tax cut. i think just plain in terms of terminology with each other, but the bottom line, 99% of americans are going to get a tax cut. $730 billion. again, wasn't exactly the way i'd like to see it go down because i'd like to see a spending aspect of it. 49 out of 50 governors, that's what i'm going to push for, but we'll have that spending battle, which is the real issue going forward, but we did bring certainty to some of the tax code. i know a lot of small business people are excited about that. >> it is the real issue, congressman, and it could be the more vitriolic battle on capitol hill. do you feel by siding with the democrats this time around that somehow, you
. it doesn't surprise me grover norquist gave ground cover to what some of the house republicans did. it doesn't surprise me that the administration, the vice president, the president did the easy thing. the only thing i think is going to be surprising is how much of a battle that probably gets best record in 6-8 weeks regarding the debt ceiling. there has to be some type of an end game for sanity. i think everything that's happened thus far doesn't surprise me. i guess the most surprising thing i've seen in the last week is why new york fired the general manager instead of the coach. watching politicians all slap each other on the back while the country slips into a grecian like formula isn't surprising. >> are you surprised the market so far in looking at the futures has taken such a positive outlook on this? >> i don't know. to me, the fair value adjustments in the opening is far from a cohuge move in my opinion. here we are a move in the fixed income markets because of the move in stocks. i caution everybody to wait until the close because i think some of the intraday outside noi
Search Results 0 to 28 of about 29 (some duplicates have been removed)